Where did the $166.67 come from? Is there anything significant about $1,150 or than this figure plus $166.67 adds up to $1,316.67. If my employer deducts $8,066.67 from my pay, it needs to go into separate HSAs; one for me and one for my wife. Is that correct? If my employer will not open up a second HSA, then I would have to open up a separate HSA for my wife and contribute directly. Is that correct? If so, does that means that I would receive the benefit of reduced federal income tax but not SSA and Medicare tax. Do I need to make all of my contributions by February 28?
